{ "ticker": { "uuid": "e0815492-42f6-4046-b530-d5cae0e8ea59", "symbol": "SGE", "name": "The Sage Group plc", "exchange": "LSE", "country": "GB", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 80.021, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 60.337, "architecture_energy": 70.658, "architecture_maturity": 17.063, "architecture_confidence": 67.829, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 28.16, "rotation_up": 72.91, "upward_expansion": 58.59, "deceleration": 27.26, "rotation_down": 16.1, "downward_expansion": 21.59 }, "activity_lines": [ 948.673333, 897.956364, 878.047985, 872.233807 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 1048.5, "trend_reference": 882.364126, "distance_from_trend": 0.188285, "trend_direction": "Weakening", "fair_value": 1086.732768, "distance_from_fair_value": -0.035181, "fair_value_direction": "Improving", "relative_strength": -1.549865, "relative_strength_direction": "Improving", "price_momentum": 0.095257, "excess_performance": 0.028978, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.188285, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.074358, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.035181, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.159403, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.015499, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.221058, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.095257, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.092161, "read": "Demand-led" } ], "volume": { "latest": 13490866, "relative_activity": 0.857218, "balance": 1.092161, "dry_up": 0.887668, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.057636, "annualized_volatility": 0.371939, "from_high_reference": -0.13399, "from_low_reference": 0.358887 }, "levels": { "trend_reference": 882.364126, "fair_value_reference": 1086.732768, "structural_low": 771.587183, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.008886, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.029613, "regime_survival": 0.0, "best_return": 0.014662, "worst_return": 0.00311, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.017886, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.006035, "regime_survival": 0.0, "best_return": 0.026337, "worst_return": 0.009436, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.009089, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.062116, "regime_survival": 0.0, "best_return": 0.019435, "worst_return": -0.037614, "sufficient": false }, { "horizon": "Full 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1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.483596, "energy": 28.645104, "activity_lines": [ 888.506667, 861.882192, 859.940855, 861.518075 ] }, { "date": "2026-08-07", "close": 1048.5, "volume": 13490866, "typical_volume": 15737958.85, "trend": 882.364126, "fair_value": 1086.732768, "relative_strength": -1.549865, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 60.337308, "energy": 70.658091, "activity_lines": [ 948.673333, 897.956364, 878.047985, 872.233807 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }